Carborundum Universal Limited

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+91-8048372457 Carborundum Universal Limited https://www.indiamart.com/carborundum-universalltd-delhi/ Manufacture of coated abrasives and bonded abrasives. About Us Founded in 1900, the INR 269 Billion Murugappa Group is one of India's leading business conglomerates. The Group has 28 businesses including nine listed Companies traded in NSE & BSE. Headquartered in Chennai, the major Companies of the Group include Carborundum Universal Ltd., Cholamandalam Investment and Finance Company Ltd., Cholamandalam MS General Insurance Company Ltd., Coromandel International Ltd., Coromandel Engineering Company Ltd., E.I.D. Parry (India) Ltd., Parry Agro Industries Ltd., Parry Sugar industries Ltd, Shanthi Gears Ltd., Tube Investments of India Ltd., and Wendt (India) Ltd. Market leaders in served segments including Abrasives, Auto Components, Transmission systems, Cycles, Sugar, Farm Inputs, Fertilisers, Plantations, Bio-products and Nutraceuticals, the Group has forged strong alliances with leading international companies such as Groupe Chimique Tunisien, Foskor, Mitsui Sumitomo, Morgan Advanced Materials, Sociedad Química y Minera de Chile (SQM), Yanmar & Co. and Compagnie Des Phosphat De Gafsa (CPG). The Group has a wide geographical presence all over India and spanning 6 continents. Renowned brands like BSA, Hercules, Ballmaster, Ajax, Parry’s, Chola, Gromor, Shanthi Gears and Paramfos are from the Murugappa stable. The Group fosters an environment of professionalism and has a workforce of over 32,000 employees. For more details, visit For more information, please visit https://www.indiamart.com/carborundum-universalltd-delhi/aboutus.html OTHER PRODUCTS P r o d u c t s & S e r v i c e s Abrasives And Allied Industrial Ceramics Locating Pins Welding Spark Plug P r o OTHER PRODUCTS: d u c t s & S e r v i c e s Ceramic Plungers High Purity Alumina Ceramic Rings Lightweight And Ergonomic Ceramic Insulator Ring Bullet Proof Armour P r o OTHER PRODUCTS: d u c t s & S e r v i c e s CUMI Files Sharp Abrasives Flap Disc Latex Paper Sheet Metallised Ceramics For Laser Tube F a c t s h e e t Nature of Business :Manufacturer CONTACT US Carborundum Universal Limited Contact Person: Bharat No. 11/5-B, Pusa Road, 2nd Floor New Delhi - 110005, Delhi, India +91-8048372457 https://www.indiamart.com/carborundum-universalltd-delhi/.

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The Murugappa Group Fact Sheet
A legacy of excellence A future of opportunities Murugappa Group Disclaimer Certain statements made in this presentation may not be based on historical information or facts and may be “forward looking statements,” including those relating to general business plans and strategy of Murugappa Group and Group Companies, future outlook and growth prospects, and future developments in businesses and competitive and regulatory environment. Actual results may differ materially from these forward‐looking statements due to a number of factors, including future changes or developments in Murugappa Group’s Businesses, competitive environment, ability to implement strategies and initiatives and respond to technological changes and political, economic, regulatory and social conditions in India. This presentation does not constitute a prospectus, offering circular or offering memorandum or an offer, or a solicitation of any offer, to purchase or sell, any shares and should not be considered as a recommendation that any investor should subscribe for or purchase any of Murugappa Group Companies’ shares. Neither this presentation nor any other documentation or information (or any part thereof) delivered or supplied under or in relation to the shares of Murugappa Group Companies shall be deemed to constitute an offer of or an invitation by or on behalf of Murugappa Group. Murugappa Group as such, makes no representation or warranty, express or implied, as to, and does not accept any responsibility or liability with respect to, the fairness, accuracy, completeness or correctness of any information or opinions contained herein. The information contained in this presentation, unless otherwise specified is only current as of the date of this presentation.
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Tamil Nadu Government Gazette
© [Regd. No. TN/CCN/467/2012-14. GOVERNMENT OF TAMIL NADU [R. Dis. No. 197/2009. 2012 [Price : Rs. 4.80 Paise. TAMIL NADU GOVERNMENT GAZETTE PUBLISHED BY AUTHORITY No. 50] CHENNAI, WEDNESDAY, DECEMBER 26, 2012 Margazhi 11, Thiruvalluvar Aandu–2043 Part III—Section 2 Statutory Notifications and Orders issued by Heads of Departments. NOTIFICATIONS BY HEADS OF DEPARTMENTS, ETC. CONTENTS Pages. TAMIL NADU LABOUR WELFARE BOARD, CHENNAI Unpaid Accumulation paid by various Establishments under Rule 13(3) of Tamil Nadu Welfare Fund Act, 1972 and Rules 1973. .. .. 66-76 DTP—III-2 (50)—1 [ 65 ] 66 TAMIL NADU GOVERNMENT GAZETTE [Part III—Sec. 2 NOTIFICATIONS BY HEADS OF DEPARTMENTS, ETC. TAMIL NADU LABOUR WELFARE BOARD, CHENNAI-600 006. UNPAID ACCUMULATION PAID BY VARIOUS ESTABLISHMENTS UNDER RULE 13(3) OF TAMIL NADU WELFARE FUND ACT, 1972 AND RULES 1973. (G5/25928/12) No.SRO C-10/2012. Tamil Nadu Labour Welfare Fund Act, 1972 and Tamil Nadu Labour Welfare Fund Rules 1973 - Unpaid Accmulation paid by various Establishment - Notice under Section 13(3)(b) inviting claims from employees, their hers, legal representatives or assigns for any payment due to them. 1972-‹ Ý‡®¡ îI›ï£´ ªî£Nô£÷˜ ïôGF„ ê†ì‹ HK¾ 13(3) (b) W›-¡ Þ‰î ÜPMŠ¹ ªõOJìŠð´Aø¶. W›è‡ì GÁõùƒè÷£™ 1-4-2011 ºî™ 31-3-2012 õ¬óJô£ù è£ôˆF™ îI›ï£´ ªî£Nô£÷˜ ïô õ£KòˆFŸ° ªê½ˆF»œ÷ ªè£´ðì£ˆ ªî£¬èò£è Mõóƒèœ õ¼ñ£Á (List enclosed) ªî£Nô£÷˜èO¡ ªðò˜ ñŸÁ‹ Üõ˜èÀ‚è£ù ªè£´ðì£ ªî£¬è ÜìƒAò MõóŠ ð†®ò™ Þ‚ªè£´ðì£ ªî£¬è ªî£Nô£÷˜ ïô õ£KòˆFŸ° ªê½ˆîŠð†ì MõóƒèÀì¡ ê‹ð‰îŠð†ì GÁõù ªî£NŸê£¬ô ÜPMŠ¹ ðô¬èJ™ å†® ¬õ‚èŠð†ì¶ âù ÜPMŠ¹ ªêŒòŠð´Aø¶.
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Murugappa Corporate Brochure 2018-2019
Driven by Values. Powered by People. Contents 01 36 Overview Financial Services 06 38 Group Structure Cholamandalam Investment 08 and Finance Company Limited Milestones 40 13 Cholamandalam MS General e Murugappa Way Insurance Company Limited 19 42 Legacy Cholamandalam MS Risk Services Limited 20 44 Group Financials Other Businesses 22 46 Group Business Portfolio Parry Agro Industries Limited 24 48 Agriculture MOWS (Murugappa Organo Water Solutions) 26 48 Coromandel International Limited Parry Enterprises 28 49 EID Parry (India) Limited Coromandel Engineering Limited 30 49 Engineering Ambadi Enterprises Limited 32 51 Carborundum Universal Limited People 34 54 Tube Investments of India Limited Community Initiatives All nancials in this brochure are for FY 2018-2019. Market Capitalisation as of 30th September, 2019 e Murugappa Group has had two core drivers, right from day one: People and Value Creation. Factors that have inuenced its choice of businesses, alliances, standards and strategies. Group companies operate from a position of strength, aligning the interests of stakeholders and maximising the potential of their people. Governance is given the highest importance, to ensure business continuity and smooth transitions. is steadfast path has seen the Group establish a market-leading presence in core sectors such as Agriculture, Engineering and Financial Services. Overview 50,000 Employees 28 Businesses 1 Group 1 Ethos e Murugappa Group had its origins in the banking business in Burma in the 1900s. Over the years, the Group has grown into a conglomerate with a global footprint spanning 40 countries. e Group operates 28 successful businesses catering to diverse markets around the world. Over 50,000 employees working together to create productsand services that make a dierence to countless lives around the world.
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Linkages -3.7.2
3.7.2 Number of linkages with institutions/industries for internship, on-the-job training, project work, sharing of research facilities etc. during the 2014-20 Name of the partnering institution/ industry /research lab with Duration (From- S. No Title of the linkage Year of commencement Nature of linkage Name of the participant Link to document contact details to) Ernst&young LLP 07 January 437, Manapakkam, Chennai, 1 Internship 2018 to 2019 2019 to Student Internship Mr. N. Krishna Sagar http://bit.ly/2TQ3tEX Tamil Nadu 600125 05 April 2019 Phone: 044 6654 8100 Peritus solutions private limited/No.2, 1st Floor, Third Street, Sri 02 January 2 Internship Sakthi Vijaylakshmi Nagar, Off 100 Feet Bypass Road, Velachery 2018 to 2019 2019 to Student Internship Mr.MOHAMMED ZIYYAD A http://bit.ly/3ayUNZr - Chennai - 600 042, Tamil Nadu, Phone: +91 44 48608788 02 April 2019 National Payments Corporation of India 1001A, B wing, 10 Floor, 04 June 2018 3 Summer Internship The Capital, Bandra-Kurla Complex, Bandra (East), Mumbai - 400 2018 to 2019 to Student Internship C.Pooja Priyadarshini http://bit.ly/2vhcM6E 051 Phone - 022 4000 9100 04 August 2018 SIDSYNC Technologies Pvt Ltd/Spaces.Express Avenue EA 24 January Chambers tower II, No. 49/50L,, Whites Road, Royapettah, 4 Internship 2018 to 2019 2019 to Student Internship Mr.JOSHUA J http://bit.ly/2TPUDqI Chennai, Tamil Nadu 600002 24 April 2019 Phone: 098948 19871 TAP Turbo Engineers Private Limited, Ambattur, 20 Jan 2019 5 Internship Chennai 600 58 2018 to 2019 to Student Internship Ms. Sai Gayathri Mahajan http://bit.ly/2uollMu Contact: 0442625 7234 20 March 2019 Trail Cloud Innovation Services Pvt Ltd, 187, Square Space 19 Nov 2018 Business Center, 188, Thiruvalluvar Rd, Block 10, Panneer Mr.
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Investor Presentation Disclaimer
INVESTOR PRESENTATION DISCLAIMER The communication may contain statements relating to future business developments, company’s performance and economic performance that may constitute ‘forward looking statements’. While these forward looking statements represent the company’s judgments and future expectations, a number of factors could cause actual developments and results to differ materially from expectations. The company undertakes no obligation to publicly revise any forward-looking statements to reflect future events or circumstances. CUMI @ 2015 2 Murugappa Group An Overview CUMI @ 2015 3 MURUGAPPA GROUP INR 269 Billion Conglomerate One of the largest family promoted, professionally managed, diversified business groups CUMI @ 2015 4 The Philosophy we cherish The fundamental principle of economic activity is that No man you transact with will lose; then you shall not. CUMI @ 2015 5 Murugappa Group Today ~ INR 269 Billion Conglomerate One of the largest family promoted, professionally managed, diversified business Groups… CUMI @ 2015 6 The Spirit of the Murugappa Group CUMI @ 2015 7 Social Responsibility AMM Foundation is a non-profit organization run by the Murugappa Group 1% of PAT from Group companies to AMM Foundation 4 Schools, a polytechnic; approximately 10,500 students 4 Hospitals - around 8.15 lakh patients treated last year Scholarships for needy meritorious students Scholarships for scholars for pursuing their professional degrees CUMI @ 2015 8 Carborundum Universal CUMI @ 2015 9 Birth Of CUMI • Incorporated as a joint venture 1954 between Carborundum Company USA, Universal Grinding Wheel Company, UK and the Murugappa, CARBORUNDUM UNIVERSAL India USA UK • Acquired a coated abrasives facility from Ajax products Pvt Ltd • Bonded abrasives facility set up in Chennai India CUMI @ 2015 10 Business Portfolio PBIT Share Sales Share CUMI – FY 15 Revenue :Rs.
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S.No Client Name Project CAP. M3/D Year 1 DCL Polyester Limited
S.No Client name Project CAP. M3/d Year Effluent treatment plant for DCL Polyester Limited, Dhali 1 Polyester filament yarn 430 1990 Village, Nagpur manufacturing industry. Swantanthra Bhart Mills, Effluent treatment for textile 2 4000 1990 Shivaji Marg, New Delhi Industry including dyeing waste. TI Cycles of India Limited, Sewage treatment for metal 3 300 1990 Ambattur, Chennai finishing industry. Sanghi Textile Processing (P) Effluent treatment for textile 4 3000 1991 Ltd, Hyderabad Industry including dyeing waste. TI Metal Sections Limited, Sewage treatment for metal 5 70 1991 Nemilicherry, Chennai. finishing industry. TI Cycles of India Limited, Effluent treatment for metal 6 15 1991 Avadi, Chennai finishing industry. Reichhold Chemicals India Effluent treatment for chemical 7 10 1991 Limited, Madhavaram, Chennai industry. Asian Peroxide Limited, Effluent treatment for chemical 8 28 1994 Sullurpet, Andhra Pradesh industry. Coca Products and Beverages Effluent treatment for 9 Limited, Manapakkam, 25 1995 confectionery (Food) industry. Chennai Parry Confectionery Limited, Effluent treatment for 10 50 1995 Marimalai Nagar, Chennai confectionery (Food) industry. E.I.D. Parry (I) Limited, Effluent treatment for ceramic 11 35 1996 Karikal industry & Sewage treatment. Southern Fotochem Limited, Effluent treatment for chemical 12 75 1996 Sullurpet, Andhra Pradesh industry with Sewage & Canteen 13 Karur KCP Packaging Limited, Effluent treatment for Paper mill 720 1997 Pondicherry industry. E.I.D. Parry (I) Limited, Effluent treatment for ceramic 14 280 1998 Ranipet industry & Sewage. E.I.D. Parry (I) Limited, Effluent treatment for sugar 15 1500 2000 Pugalur industry. E.I.D. Parry (I) Limited, Effluent treatment for sugar 16 1250 2000 Pudukottai industry.
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S. No. NAME of the UNIT ADDRESS Category 1 M/S.Tamil Nadu Cement Corporationariyalur Cement Factory Ariyalur Ariyalur District
Provisional State-wise List of industries which have not submitted information through Compliance Reporting Protocol to CPCB (Industries which have submitted the information before 01.07.2018 and still their name is mentioned in the list may send email with the supporting document at [email protected] for correction in the list till 23.07.2018, 05.00PM. Final list will be uploaded on 25.07.2018) S. No. NAME OF THE UNIT ADDRESS Category 1 M/s.Tamil Nadu Cement Ariyalur Ariyalur District Cement CorporationAriyalur Cement Factory 2 M/s.Vijay Cements Vellakalpatti MusiriTaluk Trichy Cement District. 3 M/s.Dhandapani Cement (P) LtdS. PudurVillage Manachanallur TkTrichy Cement District 4 M/s.Jeppiar Cements (P)Ltd Melamathur village Kunnam Taluk Cement Perambalur District 5 M/s Tamil Nadu Cements Corporation Alangulam /pgWorksSivakasi Cement Ltd. Virudhunagar District 6 M/s. Manali Petrochemicals Ltd. Plant-I Manali Village Petrochemical Madhavaram Taluk Tiruvallur District. 7 M/s. Manali Petrochemicals Ltd. Plant-II Manali Village Petrochemical Madhavaram Taluk Tiruvallur District. 8 Indian Additives Ltd Manali Village Madhavaram Taluk Petrochemical Thiruvallur 9 The Amravathi Co-op Sugar Mills Ltd., sugar Krishnapuram, Madathukulam, Tiruppur, TN-642111 10 M.R.Krishnamurty Co-op. Sugar sugar Mills, Tal-Chidambaram, Sethiathoppu, Cuddalore, 608702 11 Dharmapuri District Cooperative Sugar sugar Mills Ltd, Thimanahalli, Dharmapuri Taluk Dharmapuri 636 803 12 EID Parry, Karur sugar 13 Arunachalam Sugar, Arunachalam Nagar, sugar Malappambadi Vill. Via Somasipadi , Aroonachal Sugars, Tiruvannamalai 14 N.P.K.R.Ramasamy Co-op sugar mills sugar Ltd., Thalainayar, Elanthoppu, Mayiladuthurai T.k., Nagapattinam - 609201 15 The Salem Co-Op Sugar Mills sugar Ltd,Pettapalayam Village, Post Office, Mohanur, Namakkal, 637015, 16 M/S.
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List of 17 Category Industries in Tamil Nadu Aluminum Smelting Sl.No
1 List of 17 Category Industries in Tamil Nadu Aluminum Smelting Sl.No. District Name and Address of the unit 1 Salem M/s.The Madras Aluminum Company Ltd., P.B.No. 4, Metturdam Basic Drugs & Pharmaceuticals Manufacturing 1 Cuddalore M/s. Vardhman Life Sciences Pvt., Ltd., Cuddalore 2 Cuddalore M/s Shasun Pharmaceuticals Ltd., A1/B,SIPCOT Industrial Complex, Cuddalore-607005 3 Sriperumbudur Sun Pharmaceutical Industries Ltd, Maduranthakam 4 Kancheepuram M/s. Orchid Chemcials and Pharmaceuticals Ltd., Plot No.138-147, SIDCO Industrial Complex, Alathur, Chengalpattu Taluk. 5 Kancheepuram M/s.PAR Active Technologies (P) Ltd., Plot No.16,17,31 and 32, SIDCO Industrial Estate,Alathur Chengalpattu Taluk 6 Kancheepuram M/s. Anjan Drug Pvt Ltd, Thiruporur Taluk, Kancheepuram Dt. 7 Kancheepuram M/s. Pharmazell India Pvt.Ltd., Plot No.B5 and B6, MEPZ, Tambaram, Chennai – 45 8 Krishnagiri M/s. Sanmar Speciality Chemicals Limited, Suligunta village, Berigai Post, Hosur Tk. Krishnagiri Dist. 9 Krishnagiri M/s. Global Calcium (P) Ltd., Plot No. 125 & 126, SIPCOT Industrial Complex-I, Hosur - 635 126.’ 10 Krishnagiri M/s. Reckitt & Benckiser (I) Limited, Plot No. 176 & 177 SIPCOT Phase-I, Hosur - 635 126. 2 11 Krishnagiri M/s. Global Calcium P Ltd., Unit-III, Plot No. 19 & 19B, SIPCOT Indl. Complex, Phase-I, Hosur - 635 126. 12 Krishnagiri M/s. V.B. Medicare Pvt. Ltd., Plot No. 59, SIPCOT - II, Hosur. 13 Madurai Kothari Phyto Chemicals International, Nagari and Thiruvalavayanallur Village, Vadipatti Taluk, Madurai District. 14 Tiruvallur M/s.Piramal Health Care (I) Ltd, Rs No.442, Ernavoor Village, Ennore, Chennai - 600 057 15 Tiruvallur M/s.
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Annualreport2019-2020.Pdf
CONTENTS CORPORATE INFORMATION 1 FINANCIAL HIGHLIGHTS 2 DIRECTOR'S PROFILE 3 NOTICE OF THE TWENTY NINETH ANNUAL GENERAL MEETING 5 DIRECTOR'S REPORT 10 MANAGEMENT DISCUSSION AND ANALYSIS REPORT 17 REPORT ON CORPORATE GOVERNANCE 28 AUDITOR'S REPORT 33 FINANCIAL STATEMENTS 41 CORPORATE INFORMATION BOARD OF DIRECTORS: Ramesh K B Menon M A M Arunachalam C R Rajan (Demised on 20th May 2020) H R Srinivasan V Balaraman (Ceased w.e.f 18th July 2019) M K Bhaskar REGISTERED OFFICE: "Dare House" 2 NSC Bose Road Chennai 600 001 AUDITORS: M/s. Sundaram & Srinivasan Chartered Accountants Chennai BANKERS: HDFC Bank Ltd Kotak Mahindra Bank Yes Bank Limited Axis Bank Limited Annual Report 2019-2020 / 1 FINANCIAL HIGHLIGHTS (` In lacs) Year ended 31st March Operating Results 2016 2017 2018 2019 2020 Sales 12442 15218 13002 15490 23999 Other Income * 995 780 979 1074 1163 Profit before depreciation 880 785 579 603 798 Profit before Tax 406 301 356 246 469 Profit after Tax 398 301 356 179 343 Sources of Funds Paid up share capital 454 429 438 521 521 Reserves 2083 2295 3051 3546 3749 Loan Funds 2004 3246 2540 3039 3137 Net Deferred Tax Liability 25 25 25 79 111 Total 4556 5995 6054 7185 7518 Application of Funds Fixed assets 1356 1956 1896 3297 3180 Investments 7 128 657 155 9 Net Current Assets 3203 3911 3501 3733 4329 Total 4566 5995 6054 7185 7518 * (Including profit on sale of investments / Assets) 2 / Annual Report 2019-2020 DIRECTOR’S PROFILE Mr. Ramesh K B Menon Non-Executive Chairman Mr.
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Murugappa.Com Website: CIN No
Carborundum Universal Limited Regd.off: 'Parry House', 43, Moore Street, Chennai - 600 001 , India. Tel.: +91-44-3000 6161 Fax: +91-44-3000 6149 Email: [email protected] Website: www.cumi.murugappa.com CIN No. : LZ9224TN1954PLC000318. sth July 2019 BSE Limited pt Floor, New Trading Ring Rotunda Building, P J Towers Dalal Street, Fort Mumbai 400 001 Stock Code: 513375 The Manager Listing Department National Stock Exchange of India Ltd. Exchange Plaza, Sth Floor Plot No. C/1, G Block Bandra-Kurla Complex, Sandra (E) Stock Code: CARBORUNIV-EQ Mumbai 400 051 Dear Sirs, Sub: Annual Report for the financial year ended 315t March 2019 We enclose a copy of the Annual Report of our Company comprising the financial statements, Directors report and Auditors report thereon for the financial year ended 3Pt March 2019 and the Notice convening the 65th Annual General Meeting of the Company, copies of which is being despatched to the shareholders of the Company. Thanking you, Yours faithfully For~borundum Universal Limited ~ /;Re ha.st:t:rendhiran 1' Company Secretary Encl.: a.a. murugappa~ CARBORUNDUM UNIVERSAL LIMITED CIN:L29224TN1954PLC000318 Registered Office: Parry House, 43 Moore Street, Chennai - 600001, India Tel: +91-44-30006161; Fax: +91-44-30006149; E-mail: [email protected]; Website: www.cumi-murugappa.com NOTICE TO MEMBERS NOTICE is hereby given that the Sixty Fifth Annual General Item No.4 - Re-appointment of Mr. M M Murugappan, Director Meeting (AGM) of the Members of the Company will be held at To consider and if deemed fit, to pass the following as an Ordinary 3.00 p.m.
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PRESS RELEASE ( Draft )
Press Release – E.I.D.-Parry (India) Ltd. Financial Results Chennai, August 05, 2020: EID Parry (India) Limited, one of the largest manufacturers of Sugar in India, has reported financial results for the quarter ended 30th June 2020. Consolidated performance for the quarter ended 30th June 2020: The consolidated revenue from operations for the quarter ended 30th June 2020, was Rs.4,142 Crore registering a increase of 32% in comparison to the corresponding quarter of previous year of Rs.3,127 Crore. Earnings before depreciation, interest and taxes (EBITDA) for the quarter ended 30th June 2020 was Rs.448 Crore registering an increase of 140% in comparison to the corresponding quarter of previous year profit of Rs.187 Crore. Consolidated profit after tax and non-controlling interest was Rs.29 Crore compared to a loss of Rs.28 Crore in corresponding quarter of previous year. Standalone performance for the quarter ended 30th June 2020: The Standalone revenue from operations for the quarter ended 30th June 2020 was Rs.491 Crore in comparison to the corresponding quarter of previous year of Rs.389 Crore. Earnings before depreciation, interest and taxes (EBITDA) and before exceptional item for the quarter was Rs.6 Crore compared to a loss of Rs.31 Crore in corresponding quarter of previous year. Standalone profit after tax for the quarter was Rs.226 Crore as against a loss of Rs.53 Crore in corresponding quarter of previous year. Sugar Division The Consolidated Sugar operations reported an operating loss of Rs.29 Crores (corresponding quarter of previous year: Loss of Rs.53 Crores) for the quarter.
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A Sweet Choice for Power
Sweet‐Talking the Climate? Evaluating Sugar Mill Cogeneration and Climate Change Financing in India Malini Ranganathan, Barbara Haya, and Sujit Kirpekar ABSTRACT International support to help pay the costs of climate change mitigation in developing countries is an essential element of any future international climate change agreement. Analyses of various funding options have focused broadly on their relative ethical justifications, ease of implementation, and cost effectiveness. Yet for the most part, these international climate discussions about the nature of a future international financial transfer mechanism are occurring mostly on a high policy level, without grounded analysis in the places where the resulting activities would take place. Drawing on past experiences, there is a need for more bottom‐up analysis regarding the efficacy of various types of assistance in reducing greenhouse gas emissions. In India, high efficiency cogeneration of electricity and steam from sugar cane waste (bagasse) has been ranked among the highest for its potential for cost‐effective emissions reductions and other development and environmental benefits (WRI 2000). India’s sugar industry is the largest in the world and employs over 14 million people and 45 million farmers and their families (Winrock 2002). Despite its multiple purported benefits, and numerous domestic and international programs to support the technology, less than 10% of India’s estimated potential for bagasse cogeneration has actually been exploited, while approximately 20% of the total potential is in the planning stages (WADE 2004, MNES 2004). Focusing on Maharashtra and Tamil Nadu, two of the largest sugar producing states in India, this research examines the current state of the technology, barriers to its dissemination, and the results of past international and domestic efforts to support it.
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